Great Fixer Upper Opportunity; Ocean View Boutique Hotel in Ojochal

Great "Fixer Upper" Opportunity – Ocean View Boutique Hotel with Premier Location in Ojochal

This historic boutique hotel is located in the quaint town of Ojochal could be the next hot property in this popular holiday destination! Sitting on the first ridge of Perezoso Road, properties located here feature the best ocean views you will find anywere in Ojochal with quick and easy access to restaurants and the beach. You couldn't ask for a better location for a vacation rental or a hospitality business. Located nearby are the luxury hotels El Castillo (a CRRES client) and the Hotel Three Sixty. Million dollar homes such as this one, also share this front ridge location. Although this property could use some TLC that will bring it up to the same standard as its neighbors, it does share the same stunning views and convenient location! For value-minded investors, the old real estate adage rings true here, "Buy the most affordable property in the most expensive neighborhood."

Imagine renovating this icon to its full potential, with 11 rooms for rent in one of the best locations in the Southern Zone! There is never a lack of activities for any type of traveler to enjoy, and you and your guests are going to love how close to everything this property is! Beaches, jungle, mangroves, surfing, caves, animals, and so many adventure tours, you’re never going to run out of places to recommend and check out for yourself.

If you’re an investor looking for an income-producing real estate in Costa Rica, expect to put some necessary TLC into the property, but after that has been completed, you will own a high-end property featuring million dollar ocean views and one of the best locations you will find in Costa Rica's Southern Zone. Think reclaimed wood with exposed brick and stone walls, lovingly restored by you to today’s standards with a modern, yet tropical decor. How exciting!

Each room has an ensuite bathroom, with varying sizes and configurations for different types of guests. Clever use of roof spaces and a change in the main floor can mean the addition of an industrial kitchen plus an ocean view restaurant, as well as some gorgeous rooftop dining/lounging spaces. Think soft lighting, nature sounds, and the full view of the Pacific Ocean and the Terraba estuary rising and falling with the tides.

The main building contains an indoor kitchen and lounge space, and three floors with a total of 5 suites for rent. There is a large, outdoor terrace next to a lovely pool overlooking the jungle valley and the incredible ocean view. Imagine your guests indulging in a house-made cocktail and cooling off in the pool while listening to howler monkeys and watching the scarlet macaws fly past.

There are also three cabinas, each with two bedrooms and a shared patio plus an outdoor kitchen. Both rooms in each cabina have ensuite bathrooms and can be rented separately. The cabinas are located in a more jungle setting, not getting the full advantage of the ocean view. Instead, there is the gorgeous coolness of living in the shade of the jungle canopy, surrounded by vibrant bursts of colorful, tropical flowers of all kinds. This large property has room for 2 more cabinas, a total of 4 more rooms.

This seller is motivated! This property is ready to be cared for again and shared with the world. There is no shortage of standards that can be achieved in this hotel with some money and effort.